ASX Announcement 20 April 2009
NRW Holdings Limited (ASX: NWH) as a member of a consortium with John Holland Pty Ltd and Laing O’Rourke Australia Construction Pty Limited are pleased to announce receipt of a “Letter of Intent” authorising work to start on the Southern section of the Rail duplication for the RGP5 project.
The final contract is in the last stages of negotiation and is expected to be signed in the near future. The total consortium contract value is expected to be approximately $200 million.
Is it not considered price sensitive because the ship had been leaking for a while? LOL
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